First Mover Asia: Altcoins Surge as Bitcoin, Ether Stall

Posted on by American Coins & Gold

First Mover Asia: Altcoins Surge as Bitcoin, Ether Stall
Good morning, Here’s what’s happening this morning:Market Moves: Crypto.com’s CRO token moons on deal with Los Angeles’ Staples Center, as bitcoin stalls.Technician’s Take: The long-term uptrend remains intact despite slowing price momentum.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $58,838 -1%Ether (ETH): $4,226 -.49%Market movesBitcoin and ether, the two largest cryptocurrencies by market capitalization, were afterthoughts on Wednesday as a handful of alternative coins turned heads in digital-asset markets.The day’s big story was Crypto.com’s CRO token, which shot up some 26% to a new all-time high after the crypto exchange and…